Local Family Purchases The Abbey, Vows to Improve Community

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Local Family Purchases The Abbey, Vows to Improve Community
COMMUNITY DEVELOPMENTFAMILY LEGACYTHE ABBEY
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A local, multi-generational family has purchased The Abbey events complex in Cañon City, Colorado. The Ary family plans to revitalize the property and contribute to the community's well-being. The purchase follows a lengthy period where an out-of-state buyer pursued a development plan that ultimately fell through.

A local, multi-generational family has officially purchased The Abbey .“We are excited about it,” Josh Ary said. “I think it’s looked at as a great opportunity to help improve the community and keep it local.”“The main driving force is something that’s going to improve the community,” Ary said. “The focal point is what’s best for the community.”

“The Ary family has been a fixture in our community for multiple generations,” said Rob Brown, the executive director of Fremont Economic Development Corp. “They’ve grown up here, they know all of the different components of our community, how important that property is to the community, and what it looks like today and what may look like in the future.”

“It drug out for such an extended period of time that by the time they got to nearing the end, they just weren’t in a position to close, so they stepped away from the project a couple of months ago, late last year,” Brown said. “That put the property back on the market.” The ownership of the Abbey at that time compared the three offers and gauged which one had the strongest likelihood of closing. The winning group was the Ary family.

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COMMUNITY DEVELOPMENT FAMILY LEGACY THE ABBEY CAÑON CITY LOCAL BUSINESS

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